With the continuous development of IoT devices and other enterprise-grade technologies, businesses have had to develop a keen understanding of cyber-security and its consequences. But, there’s more to understanding cyber-security then just taking the “simple” steps to ensure it.
Even with the broad understanding we have today of cyber-criminal tactics, the cost of cyber-criminal activity is still expected to reach $6 trillion by 2021.
“The trend now is after business-email compromise. Businesses are being targeted by hackers. They are trying to go after the staff of those companies. It can be anything from imitating an executive to a vendor” — Jon Moen, the Senior Vice President and Director of Product at First Bank commented on Fox News.
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